03:55 AM EDT, 10/31/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lift our 12-month target price by $17 to $163, supported by an EV/EBITDA of 8.0x our 2026 EBITDA estimate, above NUE's three-year average forward EV/EBITDA of 7.6x and above peers' average forward EV/EBITDA of 7.2x. We raise our 2025 EPS estimate by $0.17 to $8.20 and 2026 EPS by $0.48 to $10.07. The estimate increases reflect NUE's strong Q3 operational execution, with adjusted EPS beating consensus by $0.47 on better-than-expected shipments and faster facility ramp-ups. New capacity additions, including Brandenburg, Lexington, and Kingman, are achieving profitability ahead of schedule, while backlogs remain robust, with steel products extending into Q2 2026. NUE's comprehensive data center exposure positions it well for sustained growth, as it supplies 95% of required steel components while this market expands 30% annually. With capex declining by over $500M in 2026 and a strong balance sheet providing flexibility, we expect meaningful free cash flow improvement supporting enhanced shareholder returns.